The Affordable Care Act has made changes to individual health insurance plans. This article will describe the new types of individual health insurance plans available and what they entail. Read on to learn more about HMOs, Indemnity plans, and Preferred provider organization (PPO) plans. This article will also discuss the benefits and limitations of each type of individual health insurance plan. By the time you’re finished reading, you’ll be an expert on individual health insurance.
Affordable Care Act changes availability, cost and benefits of individual health insurance plans
The Affordable Care Act (ACA) changed the availability, cost and benefits of individual health insurance policies. It added new protections for people with preexisting conditions and limited insurers’ ability to discriminate based on health status or gender. Among other changes, it created a new guarantee-issue provision for insurance plans and limited insurers’ ability to set premiums based on age and gender. And … Read More